On Tuesday, Black Book announced an agreement to power vehicle trade appraisal for AutoGravity, a mobile auto financing tool that recently surpassed 200,000 downloads of its native iOS and Android smartphone apps. The Internet is increasing in prominence for every part of the vehicle-buying process. A recent survey from eBay Motors found that 87 percent […] [Read More]

CompetitorPro announced that Eric Cotter — former TrueCar vice president of used car product — has joined chief executive officer and founder Steve Greenfield, who started the company in August as the co-founder. In January, Greenfield introduced the CompetitorPro product to dealers at the NADA Convention & Expo. CompetitorPro is an intelligence solutions tool designed just for automotive […] [Read More]

One of the benefits AutoGravity chief marketing officer Serge Vartanov often emphasized during a conversation with Auto Remarketing to discuss the mobile auto financing tool the firm is offering was empowerment. Vartanov discussed empowerment in context of keeping dealerships in an important place of the vehicle-delivery process, but also while providing consumers with additional information […] [Read More]

Reynolds and Reynolds announced late on Thursday that president Ron Lamb has stepped down, effective immediately.  The dealership management system provider said Lamb plans to pursue opportunities in private equity and that the position will not be immediately filled. In making the announcement, Reynolds chairman and chief executive officer Bob Brockman said, “Ron has made […] [Read More]

You know those local watering holes or roadside grills.  License plates adorn the walls like a multi-colored cross-section of the lower 48. Well, those places may have a bit more décor on their hands if the efforts of Reviver continue to gain steam. The San Francisco-based company says it aims to “establish a universal connected […] [Read More]

This idea, Cox Automotive president Sandy Schwartz acknowledges, might not sound particularly “sexy” when you’re talking about innovation in the auto business. But it sure is practical. In an interview around the NADA Convention and Expo in late January, Schwartz said that Cox Automotive’s focus on the innovation front in 2017 is this: “Integration is […] [Read More]

Both Carfax and Edmunds recently received recognition for the quality of their workplaces. For the eighth time in a row, Carfax is a Great Place to Work in the D.C. area, according to Washingtonian. It’s the first instance a company has earned that level of recognition that many times on the publication’s biennial list of […] [Read More]

That rectangular block of social media apps, text messages and podcasts you carry in your front pocket? It may fit in the palm of your hand, but it’s one of the most powerful tools in car-buying today. Forty-six percent of online auto shopping activity is done through the smartphone, according to results of a December […] [Read More]

Shift Technologies said Thursday it has named Toby Russell president of the San Francisco-based online used-car marketplace. Russell joined the company in November 2015 after working for Capital One as managing vice president of digital, and has been one of its key leaders.  Russell also co-founded Taxi Magic alongside Shift chief executive officer George Arison.  “Toby […] [Read More]

KAR Auction Services will put between $20 million and $25 million into upgrading its online sales platforms over the next three years as part of a project known as New Wave, which chief executive Jim Hallett called “our next-generation online solution.” During opening comments of KAR’s earnings conference call on Wednesday, Hallett said KAR plans to […] [Read More]